Glen Waverley and Mount Waverley are two of Melbourne’s most searched south-east premium investment suburbs. Both benefit from the Glen Waverley train line, top school catchments and strong Chinese buyer demand that has underpinned consistent capital growth.
Median Price Comparison
| Metric | Glen Waverley | Mount Waverley |
|---|---|---|
| Median House Price | $1,480,000 | $1,550,000 |
| Median Unit Price | $720,000 | $680,000 |
| Gross House Yield | 2.6% | 2.5% |
| Gross Unit Yield | 3.8% | 3.6% |
| 5-Year Growth | 38% | 40% |
| GeeVee Score | 7.6/10 | 7.7/10 |
Which Suburb Wins?
Mount Waverley edges Glen Waverley on five-year capital growth (40% vs 38%) and household income. Glen Waverley wins on unit yield and its The Glen activity centre precinct. Both are outstanding school-catchment premium picks for 2026.
Frequently Asked Questions
Is Glen Waverley or Mount Waverley better for investment?
Mount Waverley edges Glen Waverley on capital growth and household income, while Glen Waverley wins on its major shopping centre and unit investment potential. Both are consistently strong south-east performers.
Why is Mount Waverley more expensive than Glen Waverley?
Mount Waverley’s premium comes from its position as one of Melbourne’s most tightly held suburbs with large blocks, established trees and top school catchments including Mount Waverley Secondary College.
Access off-market opportunities in Glen Waverley, Mount Waverley and Melbourne’s south-east at collings.com.au/portal.
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